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News Now

CU System
Maine CUs Represented On Attorney General's Foreclosure Panel
PORTLAND, Maine (11/5/13)--The Maine Credit Union League represented the state's credit unions on a forum conducted by State Attorney General Janet Mills about the foreclosure process in Maine.

The forum and panel were organized to study legislative issues and concerns brought up in a number of bills introduced last session. Many of the issues were combined into a single carry-over bill that will be considered in the upcoming legislative session, said the league (Weekly Update Nov. 1).

Ben Marcus, attorney with Drummond Woodsum and legislative counsel for the league, represented the league and credit unions on the panel.  Marcus said that presentations and discussion were more balanced that past forums and some legislative hearings on the topic.  Courts are not ruling in a timely manner on the issue of unopposed motions for summary judgment related to foreclosures, he said.

Mills is considering a dual track procedure to move unopposed cases through more quickly. "All parties agree that cases should be expedited when the mortgaged property is abandoned although reaching consensus on a definition will be challenging," Marcus told  the league.

The opportunity to be part of the discussion helps "provide a forum to reinforce our concerns and issues," said Quincy Hentzel, league director of governmental affairs. "We anticipate foreclosure to again be one of our major legislative issues next session."


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